SCHV vs IWD: returns, risk and drawdowns compared
Schwab U.S. Large-Cap Value ETF against iShares Russell 1000 Value ETF, over the same 16 years (January 2010 to October 2026) with dividends reinvested.
Data updated October 2026
From January 2010 to October 2026, SCHV returned 9.8% a year and IWD 11.7% a year on average, so IWD came out ahead by 1.9% a year. IWD was the more volatile of the two (14.6% against 14.1% a year), and the deepest falls from a month-end high were 26.1% for SCHV and 26.7% for IWD.
The correlation of monthly returns was 0.99: they moved almost in lockstep. Over 167 rolling 3-year periods, SCHV did better in 5% and IWD in 95%.
Side by side
| SCHV | IWD | |
|---|---|---|
| Annual return (CAGR) | +9.8% | +11.7% |
| Total return | +383% | +540% |
| Annual volatility | 14.1% | 14.6% |
| Maximum drawdown (month-end) | −26.1% | −26.7% |
| Worst month | −16.3% | −17.4% |
| Best month | +13.2% | +13.4% |
| Positive months | 61% | 65% |
| Best year | 2013: +29.0% | 2013: +32.1% |
| Worst year | 2022: −9.1% | 2018: −8.5% |
| 1-year return | +19.7% | +27.9% |
| 5 years, a year | +9.1% | +11.4% |
| 10 years, a year | +9.8% | +11.7% |
| Trading currency | USD | USD |
First nine rows: the same 202 months for both funds. Trailing returns: to each fund’s last close.
Growth of 10,000: SCHV vs IWD
Returns by calendar year
| Year | SCHV | IWD |
|---|---|---|
| 2025 | +16.0% | +15.7% |
| 2024 | +12.9% | +14.2% |
| 2023 | +7.1% | +11.3% |
| 2022 | −9.1% | −7.8% |
| 2021 | +23.8% | +24.9% |
| 2020 | +0.2% | +2.7% |
| 2019 | +23.3% | +26.1% |
| 2018 | −9.0% | −8.5% |
| 2017 | +14.6% | +13.5% |
| 2016 | +14.9% | +17.3% |
| 2015 | −2.9% | −4.0% |
| 2014 | +9.2% | +13.2% |
| 2013 | +29.0% | +32.1% |
| 2012 | +12.8% | +17.5% |
| 2011 | +1.7% | +0.1% |
| 2010 | +13.0% | +15.5% |
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
The comparison uses only the months in which both funds have prices, so the figures cover the same period even when one fund is older.
Questions
Which has returned more, SCHV or IWD?
From January 2010 to October 2026, SCHV returned +9.8% a year and IWD +11.7% a year, with dividends reinvested. Over rolling 3-year periods SCHV did better in 5% of cases. Past returns do not predict future returns.
Which is riskier, SCHV or IWD?
Over the same months annual volatility was 14.1% for SCHV and 14.6% for IWD; the deepest fall from a month-end high was 26.1% and 26.7%, and the worst single month −16.3% and −17.4%.
How correlated are SCHV and IWD?
The correlation of their monthly returns was 0.99: they moved almost in lockstep. Holding both adds little diversification compared with holding one.
More comparisons
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.